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August 01, 2015

General & Banking Awareness Bits for IBPS Exams

Hi friends, I am Shravan Varma Gadiraju. An IBPS Banking aspirant. I don't attend any coaching centres. I only prepare from websites like Gr8 and local news papers. Now a days what I have found was, so many local news papers have been sharing GK practice sets for Bank Exams. To my surprise we can see most of the questions in IBPS exams are from these sets only. So I have decided to share the questions which I prepared from these papers, so that it will be beneficial to others also. Hope you will like it. If you like these bits, I will post more. Happy reading :)

World's oldest international financial organisation is the bank for international settlements (BIS). It was established on 17th May _______

1919

1966

1930

1945

2014

By 31 March 2015, the BIS has membership of how many central banks, representing countries from around the world that together make up about 95% of world GDP?

100 member

60 member

28 member

160 member

None of above

Bank for International Settlements (BIS) head office located at Basel in

Sweden

Switzerland

France

Italy

USA

BIS has representative office for Asia and the Pacific in _______

India

Hong kong

China

Japan

Switzerland

BIS has representative office for American nations in _______

USA

Mexico

Canada

Chile

Peru

Which of the following options reflects the mission of BIS (Bank for International Settlements)

It fosters discussion and facilitating collaboration among central banks.

It carries out research and policy analysis on issues or relevance for monetary and financial stability

It serves as an agent or trustee in connection with international financial operations.

It is acting as a prime counterpart for central banks in their financial transactions.

All of the above options reflect the mission of BIS.

Which of the following banking activity not discharged by BIS?

It accepts deposits from individuals.

It provide loans to individuals.

It provide financial services to private individuals and corporate entities.

It provide locker facilities to all citizens of the member nations.

All of the above banking activities not discharged by BIS.

BIS board of Directors meet continuously for the smooth working of BIS. BIS chairman is ________

Christine Legarde

Christian Noyer

Stephen S Poloz

Ignazio Visco

None

Which Indian is one of the Board of Directors in BIS (Bank of International Settlements)?

Narendra Modi

Arun Jaitley

Raghuram Rajan

Arvind Subramanyam

Rajiv Meharshi

85th Annual General Meeting of BIS held on 28th June 2015 at _______

Berlin

Tokyo

Basel

New Delhi

Mexico

BCBS provodes a forum for regular cooperation on banking supervisory matters. Its objective is to enhance understanding of key supervisory issues and improve the quality of banking supervision worldwide. BCBS stands for _____________